Major League Baseball franchise Atlanta Braves will move into a new 42,000-seat state-of-the-art ballpark for the start of the 2017 MLB season.

The Braves will play the next three baseball seasons at its Turner Field venue, converted for baseball in 1997 after being originally built for the 1996 summer Olympics, before vacating downtown Atlanta for the $672 million stadium complex in Cobb County, 14 miles northwest. 

Braves executives John Schuerholz, Mike Plant and Derek Schiller rejected a new 20-year lease on their current home in favor of the relocation.

"We think this is going to be a remarkable, positive development on all sides," Schuerholz said.

“It will make a far more enjoyable experience for our fans. We believe it makes us look more comfortably, favorably and positively toward the continued development of our organization.”

Although specific financial details were not revealed, the Braves said they are "putting a significant financial investment" into the construction of the stadium, which will include hotels, restaurants, retail outlets and other entertainment options.

Cobb County will also be investing in the cost of the stadium and its surroundings, as well as providing proposed transportation enhancements. 

The new stadium is expected to have a corporate naming sponsor.

Posted on 11/11/2013